Commentary

D7.12105 Exhibition tax relief—additional deduction relief

Corporate tax
Corporate tax | Commentary

D7.12105 Exhibition tax relief—additional deduction relief

Corporate tax | Commentary

D7.12105 Exhibition tax relief—additional deduction relief

For the latest New Development, see ND.2072.

An exhibition production company may claim an additional deduction in respect of qualifying expenditure1. For these purposes, 'qualifying expenditure' refers to core expenditure (D7.12104)2 incurred on or before 31 March 2024 that would normally be taken into account, (see ND.2072 for details of the extension to the relief in Finance Bill 2022)3 in calculating the profit or loss of the separate exhibition trade for tax purposes. Expenditure which is otherwise eligible for relief under any of the other creative industry reliefs is not 'qualifying expenditure' for the purpose of this relief4.

The relief is claimed through the

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